Property in Mallorca: Make a Home in Majorca
Fancy the Mediterranean Lifestyle?
It’s everybody’s favourite holiday island, but Mallorca has offered much more than a fortnight in the sun for successive waves of settlers for the last 5,000 years. Today’s new residents are part of a society that is the wealthiest in the whole of Spain. That fact is reflected in the property prices and the now-controlled residential development regime on the Island. ...more
Buying Real Estate in Mallorca
Mallorca has long been popular for those looking for a second home in the sun, or indeed for those looking to relocate permanently. The island offers a very favourable climate and wonderfully diverse scenery, and with good links to many European cities, it really does tick all the boxes. All this is probably why house prices here have weathered the global economic crisis so well. Desirable properties remain desirable to foreign buyers regardless of what the Spanish economy is doing.
Renting out your holiday home in Mallorca
With buy-to-lets being all the rage back in the UK, many people come to Mallorca and think how wonderful it would be to buy a holiday home that they could use for a number of weeks during the year, and then rent the property out during the rest of the year and use the income to pay off the mortgage or other associated costs. Sounds great – until that is, the local government decided to close a loop-hole for potentially undeclared taxable income, and declared that only properties with the appropriate license could be rented out to holiday makers. ...more
Real Estate & Property Agents
Looking to buy a property in Mallorca? There are a large number of agents throughout the island, however we have selected the best and those which have a good reputation for advice, reliability and range of properties to suit all tastes and budgets - whichever area you are looking to invest in for Majorca property.
Legal AdviceLaw, property & business advice from English-speaking professionals
Buying a property or starting up a new business can be hard enough in your own country, but how do you go about navigating the intricacies of the Spanish legal system? Here are a few companies based in Mallorca who can guide you safely through the process.
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